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Manager Model Risk Management Jobs (NOW HIRING)

Western Alliance Bank (WAL) is seeking a Model Risk Analyst to join its Model Risk Management Group. Being part of the Model Risk team will put you at the center of the firm's model validation and ...

Audit Project Manager - Model Risk

Chicago, IL ยท On-site

$107K - $140K/yr

Instead, it requires strong audit project management skills to ensure quantitative audits are ... Knowledge of model risk *This role requires working from a U.S. Bank location three (3) or more ...

Instead, it requires strong audit project management skills to ensure quantitative audits are ... Knowledge of model risk *This role requires working from a U.S. Bank location three (3) or more ...

Position Overview: Assist in the development, implementation, and maintenance of the Model Risk Management (MRM) program within SECU through the development and validation of statistical models ...

Model Risk Analyst

Denver, CO ยท Hybrid

$85K - $95K/yr

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

Sunflower Bank is seeking a Model Risk Analyst to join its Enterprise Risk Management Department. The Analyst will be responsible for supporting the bank-wide Model Risk Management (MRM) program ...

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Manager Model Risk Management information

See salary details

$43.5K

$103.7K

$167.5K

How much do manager model risk management jobs pay per year?

As of Jun 15, 2026, the average yearly pay for manager model risk management in the United States is $103,704.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills in financial institutions or large corporations.

What does a model risk manager do?

A model risk manager oversees the identification, assessment, and mitigation of risks associated with financial and operational models used within an organization. They ensure models are accurate, compliant with regulations, and perform as intended, often working with validation teams and utilizing tools like statistical software. Their role helps prevent financial loss and supports sound decision-making.

What is the difference between Manager Model Risk Management vs Model Risk Analyst?

AspectManager Model Risk ManagementModel Risk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Master's in Finance or Risk), certifications like FRM or CFAOften requires similar credentials, such as FRM or CFA, but may have less emphasis on managerial certifications
Work EnvironmentLeads teams, manages risk frameworks, and interacts with senior managementPerforms detailed risk analysis, supports model validation, and reports findings
Employer & Industry UsageCommon in banking, asset management, and financial institutionsFound in similar environments, often as a supporting role to managers

The Manager Model Risk Management oversees the entire model risk framework, manages teams, and interacts with senior stakeholders. In contrast, the Model Risk Analyst focuses on detailed analysis, validation, and reporting of models. Both roles require similar credentials but differ in scope and responsibilities.

Is model risk management a good career?

Model risk management is a specialized field within financial and banking sectors that involves identifying, assessing, and mitigating risks associated with financial models. It offers opportunities for growth, requires strong analytical skills, and often involves certifications like FRM or CFA. The role is considered stable and in demand due to increasing regulatory requirements and reliance on complex models.

What is the salary of model risk management in Deloitte?

The salary for a Manager in Model Risk Management at Deloitte typically ranges from $110,000 to $150,000 annually, depending on experience, location, and performance. Additional benefits may include bonuses, health insurance, and professional development opportunities.
More about Manager Model Risk Management jobs
What cities are hiring for Manager Model Risk Management jobs? Cities with the most Manager Model Risk Management job openings:
What are the most commonly searched types of Model Risk Management jobs? The most popular types of Model Risk Management jobs are:
What states have the most Manager Model Risk Management jobs? States with the most job openings for Manager Model Risk Management jobs include:
What job categories do people searching Manager Model Risk Management jobs look for? The top searched job categories for Manager Model Risk Management jobs are:
Infographic showing various Manager Model Risk Management job openings in the United States as of June 2026, with employment types broken down into 95% Full Time, 3% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $103,704 per year, or $49.9 per hour.

Vice President, Model Risk Management

BNY

Pittsburgh, PA โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


Job description

At BNY, our culture allows us to run our company better and enables employees' growth and success.As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.ย 
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.ย 
We are seeking an ambitious and analytically talented professional to join our Model Risk Management (MRM) team. This is a role within a US-headquartered, global systemically important bank, focused on strengthening the governance, validation, and strategic oversight of models across the enterprise. The successful candidate will be instrumental in advancing our model risk framework, with a strong emphasis on leading practices, regulatory standards, automation, and Artificial Intelligence (AI) adoption. This role is fully on-site and located in Pittsburgh, PA.ย 
ย 
In this role, you'll make an impact in the following ways:ย 
  • Contribute to enterprise-wide model risk management activities, including validation and/or governance work. Independent review and oversight of models used across business lines, platforms, and legal entities.ย 
  • Collaborate with model developers, validators, auditors, and senior stakeholders to ensure models are fit for purpose and appropriately governed. Senior stakeholders extend beyond modelers to business and platform leads.ย 
  • Drive innovation in model risk practices, including the integration ofAI/ML techniquesandautomation toolsto enhance efficiency and insight.ย 
  • Collaborate across the MRM team to enhance model governance, validation, and risk practices.ย 
  • Ensure compliance with regulatory expectations, particularly those outlined inFederal Reserve SR 11-7andOCC Bulletin 2011-12, including:ย 
  • Robust model development, implementation, and use;ย 
  • Comprehensive model validation covering conceptual soundness, ongoing monitoring, and outcomes analysis; andย 
  • Sound governance, policies, and controls over model lifecycle and risk oversight.ย 
  • Grow to represent the bank in regulatory discussions and industry forums related to model risk and quantitative analytics.ย 
  • Contribute to a culture of excellence and continuous improvement.ย 
ย 
To be successful in this role, we're seeking the following:ย 
  • Any experience inModel Development,Model Validation,Model Risk Management, orModel Risk Audit.ย 
  • Demonstrated interest in model governance and regulatory frameworks, especiallySR 11-7and related supervisory guidance in banking.ย 
  • Demonstrated interest in and exposure toautomation,AI, andmachine learningapplications.ย 
  • Strong communication, stakeholder engagement, and strategic thinking skills.ย 
  • Adegreein a quantitative or technical discipline such asMathematics,Statistics,Physics,Engineering,Computer Science, or a related field is required.ย 
ย 
At BNY, our culture speaks for itself, check out the latest BNY news at:ย 
BNY Newsroom
BNY LinkedIn
Here's a few of our recent awards:ย 
  • America's Most Innovative Companies, Fortune, 2025ย 
  • World's Most Admired Companies, Fortune 2025ย 
  • "Most Just Companies", Just Capital and CNBC, 2025ย 
ย 
Our Benefits and Rewards:ย 
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.ย 
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.ย 

At BNY, our culture speaks for itself, check out the latest BNY news atย BNY Newsroomย &ย BNY LinkedIn

ย Here's a few of our recent awards:

  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025

    Our Benefits and Rewards:

    BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

    BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

    BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.ย 

    Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.